Summary: Goldman Sachs expects Apple's stock price to potentially increase by 25% due to the upcoming iPhone 16 event and new product announcements such as higher-priced iPhones and advancements in AI technology.
Full articleSummary: Tesla shares rose 2.5% after confirming plans to roll out Full Self-Driving software in China and Europe pending regulatory approval. The company is set to unveil its robotaxi product 'Cybercab', with Elon Musk aiming for FSD launch in right-hand drive markets in late Q1 or early Q2.
Full articleSummary: Albertsons and Chevron executives announce Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Full articleSummary: Honeywell commissions cutting-edge Battery Energy Storage System (BESS) for the Solar Energy Corporation of India's project in the Lakshadweep Islands, marking India's first on-grid solar project to incorporate BESS technology.
Full articleSummary: JPMORGAN appoints Kam Shing Kwang as new Hong Kong CEO, succeeding Harshika Patel as she completes her term. Kwang's appointment will be effective from Oct 1. Patel to continue as chief executive of Asia Private Bank.
Full articleSummary: Starbucks Japan introduces new autumn-themed beverages at the Reserve Roastery Tokyo, including Autumn Chocolate Latte, Hojicha Cashew Nut Tea Latte, and Autumn Harvest Punch, as well as returning favorites like Teavana Cream Soda Spice Apple Cider and Hojicha Black Roasted Shichimi Chocolate.
Full articleSummary: Intuit will host an event for financial technology platform users.
Full articleSummary: SMG partners with Microsoft to enhance customer experience teams with new integration focusing on empowering clients with better experiences. SMG upgrades its platform to Azure for robust infrastructure, scalability, and security features, leading to improved product performance and reliability. SMG's data science capabilities receive a significant boost with the integration of Azure AI Services, allowing for streamlined data access and development of cutting-edge Text Analytics models.
Full articleSummary: Warren Buffett continues to sell Bank of America Corp. shares in September, totaling $6.97 billion since mid-July, making Berkshire Hathaway Inc. the top shareholder with an 11% stake valued at $34.7 billion.
Full articleSummary: US Senate Majority Leader Chuck Schumer visited a GE Aerospace Company facility in Norwich, highlighting new investments to upgrade and modernize the plant.
Full articleSummary: Nvidia reported $30 billion in revenue for the second quarter, with nearly half coming from four customers. The identities of these customers are undisclosed but likely include Microsoft, Meta, Amazon, and Google who are ramping up GPU stockpiles for AI initiatives. Concerns arise regarding the sustainability of demand and the high concentration of revenue from a few clients.
Full articleSummary: Federal funding is being allocated to support GE Aerospace workers at the 'Unison' facility.
Full articleSummary: Multiple vulnerabilities have been identified in Cisco products, including Expressway Edge, Duo Epic for Hyperdrive, Identity Services Engine, Meraki Systems Manager, and Smart Licensing Utility, with potential security risks and the need for security patches.
Full articleSummary: August 2024 has seen significant job cuts impacting major tech companies and startups, with over 27,000 tech workers laid off this month alone. Companies like Intel, Cisco, IBM, GoPro, Apple, and Dell Technologies have announced substantial reductions in their workforces.
Full articleSummary: Anumita Tripathi appointed as Director of Corporate Affairs at Amgen India to manage external and internal communications
Full articleSummary: Make-A-Wish Southern Florida granted a young leukemia survivor's wish for a Disney Cruise after he celebrated the end of his on-site chemotherapy treatments.
Full articleSummary: Downtown Oklahoma City may soon see its first Starbucks, and local coffee shops hope residents will continue to support local businesses.
Full articleSummary: Microsoft partners with StopNCII to remove harmful intimate images and videos from Bing using digital hashes, enhancing digital hashing technology with PhotoDNA, taking action on 268,899 images through August and urging impacted individuals to report images to online media companies.
Full articleSummary: BNY Mellon announced the acquisition of Archer Holdco, a technology-enabled service provider of managed account solutions to the asset and wealth management industry.
Full articleSummary: Ford Lightning saw a remarkable 160% sales growth last month, Oxford PV achieved a record-setting solar project, and Tesla, Volvo, and Ford were featured in the latest episode of Quick Charge podcast.
Full articleSummary: Honeywell Automation India successfully delivers and commissions a BESS for SECI Lakshadweep Islands project, first on-grid solar initiative in India to use BESS technology.
Full articleSummary: Intuit will host its annual Investor Day to discuss the strategy for fiscal year 2025 at its headquarters in Mountain View, CA on September 26, 2024.
Full articleSummary: ADNOC acquired a 35% stake in ExxonMobil's low-carbon hydrogen and ammonia production facility in Texas, with expectations of becoming the world's largest low-carbon hydrogen plant.
Full articleSummary: 1. Donna Langley, Chairman & Chief Content Officer of NBCUniversal Studio Group, discusses the benefits of being part of Comcast, highlighting investment in businesses, trust in leadership, and creative freedom. 2. She emphasizes the strong synergy between content and other businesses like theme parks, consumer products, and experiences within NBCU. 3. Langley talks about the changing theatrical landscape, the importance of diverse content strategies, and the challenge of balancing art and commerce in film production.
Full articleSummary: Claro Colombia announces a historic investment of over US$200 million to strengthen its fiber optic network, essential for the development of advanced technologies like artificial intelligence, which has the potential to increase the country's GDP by up to 10%. The investment will not only enhance the experience of over 1.5 million homes but also pave the way for AI solutions in various sectors of the Colombian economy, from telemedicine to industrial automation.
Full articleSummary: Broadcom (AVGO) reported strong fiscal Q3 2024 results with consolidated net revenue up 47% year on year. AI revenue continues to grow, VMware bookings accelerate, and non-AI semiconductor revenue has stabilized. Guidance for Q4 2024 includes semiconductor revenue of approximately $8 billion and infrastructure software revenue of about $6 billion, driving consolidated revenue to around $14 billion, up 51% year on year.
Full articleSummary: Medtronic has recalled McGrath MAC Video Laryngoscopes due to an increased risk of battery overheating and explosion. The FDA has classified the recall as serious with a risk of injury or death.
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